Your investment property - This you could do a 1031 exchange on and buy another property you intend to use for investment. 

Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange. 

The other part sounds like it was a rehab and now held for sale, which does not qualify for 1031 Exchange treatment. 

Hey Patrick, You can easily do a 1st mortgage refinance or 2nd HELOAN DSCR Cash out while keeping title to your property held in an S-Corp.

Many lenders, even small ones, don't offer HELOCs on rental properties like yours.

However, our research indicates that many DSCR lenders require Florida properties to be held in an entity.Are there any DSCR lenders that offer loans for properties held in a personal name?

@Kayla Elliott  Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued. 

You do not need separate checking accounts for each property if the ownership is the same.

I was suggesting that if you wanted to do a 1031 of a property held in a LLC, they would be forced to also do the 1031 exchange.

The tenant wants to stay another 2 years.My other adult properties have often had long-term tenants.